{"schema_version":"secwatch.filing_event.v1","accession":"0001547903-26-000027","form_type":"8-K","ticker":"NMIH","cik":"0001547903","company_name":"NMI Holdings, Inc.","filed_at":"2026-04-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.451365+00:00","generated_at":"2026-05-15T00:47:17.035556+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"NMI Holdings Q1 net income $99.3M, EPS $1.28 flat YoY; revenue up 6% to $183.5M","bullets":["Net income $99.3M, diluted EPS $1.28 flat YoY; adjusted net income $99.4M, adjusted EPS $1.28.","Total revenue $183.5M (+6% YoY); net premiums earned $154.8M (+4% YoY).","Loss ratio 13.3% vs 3.0% YoY; claims expense $20.7M vs $4.5M YoY, up 361%.","Primary insurance-in-force $222.3B (+5% YoY); NIW $12.3B (+33% YoY).","Book value per share ex-U&L $35.46, up 15% YoY; annualized ROE 15.2% vs 18.1% YoY."],"urls":{"canonical":"https://secwatch.observer/filing/0001547903-26-000027","json":"https://secwatch.observer/filing/0001547903-26-000027.json","markdown":"https://secwatch.observer/filing/0001547903-26-000027.md","text":"https://secwatch.observer/filing/0001547903-26-000027.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1547903/000154790326000027/0001547903-26-000027-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1547903/000154790326000027/nmih-20260430.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T00:47:17.035556+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"46e84edc36a8a939b6283c3119ed2af5b450b536","claim":"NMI Holdings, Inc. reported the first quarter ended March 31, 2026 results: revenue $183.5 million, net income $99.3 million, EPS $1.28 per diluted share.","evidence_excerpt":"Selected first quarter 2026 highlights include: • Primary insurance-in-force at quarter end was $222.3 billion, compared to $221.4 billion at the end of the fourth quarter and $211.3 billion at the end of the first quarter of 2025. • Net premiums earned were $154.8 million, compared to $152.5 million in the fourth quarter and $149.4 million in the first quarter of 2025. • Total revenue was $183.5 million, compared to $180.7 million in the fourth quarter and $173.2 million in the first quarter of 2025. • Insurance claims and claim expenses were $20.7 million, compared to $21.2 million in the fourth quarter and $4.5 million in the first quarter of 2025. Loss ratio was 13.3%, compared to 13.9% in the fourth quarter and 3.0% in the first quarter of 2025. • Underwriting and operating expenses were $30.6 million, compared to $31.1 million in the fourth quarter and $30.2 million in the first quarter of 2025. Expense ratio was 19.8%, compared to 20.4% in the fourth quarter and 20.2% in the fir","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1547903/000154790326000027/0001547903-26-000027-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2026"},{"label":"Revenue","value":"$183.5 million"},{"label":"Net income","value":"$99.3 million"},{"label":"EPS","value":"$1.28 per diluted share"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}